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Then the agreement and "breaking ground" was total bullshit??? Thanks for clearing that up
Nowhere near the same thing. Not even close.
Bottom line: Palm Springs P2O won't buy a processor and that's all I need to know that this company is not for real and never was.
Based on that bullshit any update on the mythical financials that JBII is weeks beyond their deadline to file????
It's just like anything else. Fluffy numbers suggesting everybody makes money, the agreement was in place over 4 years ago, the processors are available now, yet Palm Springs P2O is as silent as can be?????
JBII gets $400,000 much needed cash. Palm Springs P2O makes $1.7 million annually just for running it. Initial cost is recouped within 3-4 months. Staff requirements 2x$60k, 1x$50k and 2 material handlers x $40k??? What's that annually??? $250,000 + $400,000 is $650,000 out of first year revs of $1.7 million. We still have $1 million and change to play with!!!!!
JBII has a processor running to showcase it's ability. Both entities are making millions, customers/buyers have a processor that's running to view. What am I missing????
Oh, it was all billshit, the numbers were bogus, Palm Springs P2O appears to have been created to hype the stock price not actually run a processor because everything is in place to run one and Palm Springs P2O won't even address why they aren't running one.
Just like everything else. Throw out bullshit claims then run away when it's delivery time, ignore all references to it, act like it never happened and don't ever respond or bring it up again.
All one can do is shake their head.
Is Palm Springs P2O buying the first JBII processor??? Why not????
In case you missed it nobody is buying a processor from JBII.
I can't for the life of me understand. $400.000 fee, then reap $1.7 million/year in revenues which is 35% of the total. That means JBII gets $400,000 up front and then starts reaping around $3 million per year which makes total sense. Processor ready to go, Palm Springs P2O runs it, showcases what it does while both Palm Springs P2O and JBII make millions. Gee no brained right? Everybody makes money, the processor proves it's worth to potential buyers and there is still another processor ready to go.
Ah, nevermind Palm Springs P2O isn't ponying up any money for these ever so awesome processors. It's better that the companies just go broke instead. Yeah, that's a better idea.
Processor available now for purchase. Palm Springs P2O nowhere to be found?????? Hello????? Processor ready now. You now the one that is the best known processor to mankind??? The one that everybody wants????? Holy Crayola it's a great processor????? JB is the greatest CEO of all time who would t buy a processor from him???? I know, Palm Springs P2O won't!!!!!!!!!!!
Why does Palm Springs P2O not have a JBII processor on the land they claimed to have broken ground on in 2010????
Claims made that JBII has the best processor known to man kind yet Palm Springs P2O isn't buying one???? Why?????
Why would anybody buy one if Hans Brost won't?????
They won't because buyers do care about JB's moral character. They also care about indiscretions with invested and shareholders. The only people who don't care as the ones who got screwed over by John. Kind of ironic. Those who claim to don't. Are aren't the ones who are buying processors. The ones who do care aren't buying processors because of it.
Really??? Is JBII even running a processor nowadays??? Should be a pile of spent markers about as high as the bullshit JBII has put out over the past 5 years. SEC will step in soon I'm betting.
Let's bet what takes place first. JBII sells a processor or JBII gets suspended and revoked???
They "changed" that based on the fact they ran out of money and could ok longer afford the charade game. Funny how they were fine with hyping fuel sales all the way up to the point where they ran out of money. Then they magically decided to "change" the business plan to selling processors.
In reality they went belly up, fired their staff and are now on life support with no fuel production, no employees, no processor sales and no transparency. And the hype will continue until they simply shut the door and then everybody can blame named shorts, bear raid crews and whatever other mythical excuse can be found.
Where are the Q4 train wreck numbers? How long before JBII is suspended???? How many people do you think have reported this multiple violator already???
Tickety tockety
The only thing that would make JBII any more laughable would be if they announce today their plans to build an amusement park in South America. That would be the icing on the cake.
The recipients if those free shares will be named at some point. I'm confident of that. The SEC will step in if they don't file soon. You know, that incompetent group of barrooms who will suspend and revoke JBII for non compliance.
Shitcan as in JBII firing their emphases and closing facilities because without working outside of the times they couldn't raise the funds they needed to keep up the charade LMAO!!!!
SPLAT!!!!!
SEC still in business, JBII is bankrupt, can't even afford a financial filing which oddly enough costs about the same as the peanut fine they paid. Bet they wish they had that peanut back so they could file a 10-K huh???
Nah it's old shit nobody cares
Now we are comparing piece of shit JBII litigation to DELL litigation???? LMAO!!!!! what percentage of earning was collected from JBII???? Yeah, it was a resounding success and current situation just goes to show what litigation, settlement and forced compliance does to a piece of shit, Non compliant penny.
Fat lady is singing.
Staff attorneys are salaried employees so their wages are paid regardless. They are paid to litigate which is what they did. They are paid to recover monies which is what they did. How many cases do you think each attorney is working at one time? It was as successful as one would ever expect from a crappy money losing penny stock.
Since the settlement how much has JBII raised????
Success because without it JB would still be illegally pimping media credits and God knows what else. Nobody wants to touch JBII with a 100ft pole which is why Waste Management, Dow chemical, Richard Branson and all the other big money are looking elsewhere and why JBII is forced to sell discounted stock to His Excellency just to keep the power on.
That's what happens when the SEC successfully exposes you as a total sham.
SEC won fair and square.
Nefarious agenda to downplay a successful litigation and settlement that brought in $285,000 to the SEC, saw 2 men Removed from positions for 5 years and brought to light how shady JB and JBII are. Not only were the media credits illegally valued on financials, the actual true value was $0.
It was a glorious success. You notice how impossible it is for JBII to fool the flock now that they have to follow the rules??? Can't raise funds legitimately, can't keep the pps proper up legitimately, can't sell processors, can't keep employees and best yet, they can't file a legitimate 10-K.
SEC forced legitimacy and JBII has no clue how to operate legitimately. Out of money, no financials and no sales.
LMAO!!!!!
Not predicting the future perfectly??? That statement alone is laughable.
JBII said 2500 territories to develop. To date they have 0
JBII said uplisting paperwork complete. To date they have been downgraded due to their lack of timely financial filing.
JBII said a fillet of P2O ships. To date 0 ships exist.
JBII said 45 areas in Florida. To date 0 areas exist.
JBII said Javco was going to help the company expand into Mexico and South America. To date Javco no longer exists.
JBII said they would have P2O farms. To date 0 farms exist.
JBII said their 10-K would be 15 days late. To date no filing.
JBII said multiple buyers were in discussions to buy a processor. To date no sale has taken place.
It is t as if JBII's predictions were t perfect. They were complete and total lies, handed out at a time when JB wS using his kids trust to filter free stock to unnamed people. It was all lies meant to encourage stock purchased by people who had no idea what as going on.
JB himself admits to his behavior and says it was contrary to the public interest. I other words the hype was spread by those selling stock to the same people they were encouraging to buy without disclosing they were promoters because JB used his own kids and Mother in a scheme to funnel free trading stock without the reporting requirements.
Yes, it may be hard to swallow but all the numbers. and all the claims were lies used to sell stock to unsuspecting people.
Not sure if you are aware of this or not but nobody has bought a single processor from JBII. Not one. Why not???
So why exactly isn't Palm Springs P2O running a processor and banking $1.7 million/year in net revenues???? I don't get it. 2010 breaking ground and making bank, fast forward to 2014 no processor but still somehow trying to convince others that even though you never paid the $400,000 and have passed up on nearly $7 million, it's a stem for anybody who would buy one??? Makes no sense at all.
Those who think they know are buying shares. Those who really know aren't buying processors.
Based on that bullshit how many processors did they sell last week??? Last month??? Over the last 5 years???
Nobody gives a shit about that.
The people who don't matter don't give a shit and that doesn't matter lol. The people who do matter arent buying jack shit from JBII are they??? And thy obviously care. So, those who own stock and stand to lose money don't care that nobody is buying processors based on JBII and JB being shady snake oil salesmen. Yeah, if the processor is top notch, second to none and ready to go it would have sold by now. Why hasn't it then? No faith in the seller that's why.
Any idea what the holdup is??????
___________________________. Insert baseless excuse of the week in the space provided.
There is no excuse. It was the company claiming interest. It was the company claiming ground breaking 5 years ago. It was the company claiming interest so great that they identifies 2500 territories for development. It was the company that claimed farms, ships and 45 areas in Florida. It was the company who out out the claimed production costs, rates and profit margins.
Nothing they have ever said has come true. Why would anybody believe they will sell a processor to anybody on favorable terms for shareholders??!???
To an extent that is true, however JB admittedly damaged his shareholders by his actions. That damaged the share price through shady stock promotion. He also damaged his shareholders through his improper valuation of his media credits. That damaged his ability to raise funds. So, regardless of where the charges were filed JB has done irreparable damage to the stock price, ability to raise funds, reputation and character of the company.
And those actions most definitely weigh on their inability to sell processors because they have a shady past with SEC and OSC litigation/settlement, they have no money and the man whom the company is named after is barred from being an officer of it. All things that potential buyers do care about.
In this instance, the apathy of shareholders is as immaterial as the argument against the actions of JB being relevant to them because the shareholders aren't the processor buyers.
What matters is if the actions of JB and JBII matter to the processor buyers. And with the lack of sales it certainly looks like they care a whole lot about the character, reputation and viability of the company. And like you said, all that matters is the buyers of the processors.
No, the real funny part is that 300,000 shares were transferred in a manner that was detrimental to shareholders. Those shares were payment for their assistance in helping the company uplist. Assuming those shares were sold at an average of $2/share, Bespoke was paid around $600,000 for a process that never took place. Oh, JB already admitted, as fact, that the actions were detrimental to common Shareholders which means if you held stock at the time he admits to harming you by his actions.
So, the withdrawing of the allegations against the company doesnt change what happened or the harm it caused to shareholders.
Based entirely on what JBII says and what's communicated here which is exactly how it's been for years with JBII. Actual results have been ignored or excuses made for the failures yet there are no success stories at all in that time frame. It's simply the latest hype that has yet to be proven wrong by never taking place just like every other claim made by JBII.
No intelligent investor makes their investment decisions based on message boards. Anybody trying to influence buyers on message boards are trying to snag the most unsophisticated base of investors that exist. Ones who so no DD or assume reading a couple hundred message board posts constitutes DD. And those who so buy are always buying shares from insiders who are selling stock. Sometimes those shares are funneled through kids trust funds by Grandma and the "news" used to fuel the buying is made up bullshit meant to spark volume so those recipients of free trading stock have an avenue to sell.
Don't know about any of that but the bullshit processor is in overdrive right now.
The company can't make a profit, can't keep facilities open, can't afford employees, can't raise sufficient capital, can't seat a BOD, can't file a 10-K, can't meet any claimed numbers and can't even have their own company founder as a director or officer of the company.
But they will sell a processor.....LMAO!!!!!!!
That has nothing to do with Palm Springs P2O, $400,000 fee which doesn't ever appear to have been paid to JBII or the fact that the CEO of Palm Springs P2O has been touting JBII prior to and ever since announcing his intention to put up a site.
What's the status of that site and why would anybody choose to pass up on a parking ticket in segment that would have paid for itself in less than 3 months while generating roughly $7 million in net revenues up to this point for Palm Springs P2O and roughly $21 million in met revenue for JBII.
I guess that is the definition of mythical bullshit.
When is Palm Springs P2O breaking ground? It's 4 years behind schedule, already missed out on nearly $7 million in net revenues, JBII has missed out on nearly $21 million in net revenues and it was all for a measly $400,000 parking ticket in segment that probably could have been raised by selling free shares from the kids trust account. I don't get it. Easy money yet sits idle while touted as the best of the best situation?????
Why?????
Okay that's great can you tell me when you're breaking ground in Palm Springs you said prior that you were going to do it in 2010
The good old days when lies seemed real
P2O Franchises Available:
We are in the process of selecting some owner/operators for P2O sites. I would like to give preference to existing shareholders who own manufacturing companies/factory facilities. Please advise if you know of anyone interested in setting up a P2O site. The agreement is quite clear – the operator would pay $400,000 for initial set up. 310 is responsible for supplying equipment, permits, and training. We are locking up supply agreements. The operator would enjoy 35% of the net revenue or approximately $1.742M per site/yr based on our current information. 310 would maintain ownership of equipment at all times and will ship the catalyst via a sealed plastic container. Please advise if you know of anyone who would be interested in running P2O.
John Bordynuik Inc.
4536 Portage Road
Niagara Falls, Ontario
Canada L2E 6A8
Voice: 905-354-7222
Fax: 905-354-1062
john*310holdings.com
35% = $1.742 million, so each "site" produces $4.977 million in revenue if my math is correct.
How much can you sell a barrel of oil for?
Well if its $70, that means more than 8 barrels an HOUR - every hour - 365 days a year! These machines produce that much oil - holy crap!!
http://www.allstocks.com/stockmessageboard/cgi-bin/ultimatebb.cgi?ubb=get_topic;f=2;t=015421;p=3
$150,000 for JBII. $110,000 for JB. $260,000 combined for a company that loses money and for a CEO who pays himself first and runs the company into the ground is a win-win for the SEC.
The fact that investors paid the fine for JBII and JB is a lose-lose. Screwed over by the deceit and then Screwed over again by using the money of the screwed over to pay the fines LMAO!!!!
JB's likely thoughts about the whole SEC situation
"Dear Morons.....I mean shareholders. I'll use deceptive accounting to get your money then use part of that money to pay the fines for deceiving you. Thanks suckers!!!!!"
The market cap is immaterial to the fine. The indicator is fine to earnings.
His exactly do you equate total fines of $285,000 as "parking ticket" fines???
JBII's fine was $150,000 which in itself was never generated from operating profits. How exactly was that fine paid? People who invested in and/or funded JBII paid the fine that was for lying, deceiving and screwing over investors and shareholders lol.
Screwed you over then used your funds to pay that fine.
LMAO